MIT AI Risk Repository · Risk Sub-Category · 58.05.04
Livelihood loss
Category: Financial and business
Description
"Livelihood loss - An individual or group’s loss of ability to support themselves financially or vocationally due to natural disasters, lack of demand for products/services, cost increases, etc, resulting in inability to procure food, reduced employment prospects, bankruptcy, foreclosure, homelessness, etc."
From A Collaborative, Human-Centred Taxonomy of AI, Algorithmic, and Automation Harms (Abercrombie2024), as extracted by the MIT AI Risk Repository (CC BY 4.0).
Classification
Other entries from Abercrombie2024
- Autonomy
- Autonomy/agency loss
- Impersonation/identity theft
- IP/copyright loss
- Personality rights loss
- Physical
- Bodily Injury
- Loss of Life
- Personal Health Deterioration
- Property Damage
- "Psychological - Direct or indirect impairment of the emotional and psychological mental health of an individual, organisation, or society."
- Addiction